In this article we address how the landscape for the structuring
of offshore investment funds established in the Cayman Islands is
changing—and how this change is being driven by the evolving
relationship between investors and investment fund managers and, in
particular, how the balance of power has in many cases shifted from
the manager to the investor.
We briefly analyse some of the drivers behind such a shift, some
of the most significant trends that we have seen emerge, and
lastly, how the Cayman Islands as a key jurisdiction for offshore
investment funds has successfully adapted to the increased demands
for flexibility within fund structures.
Market drivers: the balance of power